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Topic: Ripple(XRP), Steller(XLM) are now supported on Options trading platform. (Read 157 times)

legendary
Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
Along with the 25 trading pairs which include BTC, ETH, USDT, USDC, PAX. Now, XLM as well as XRP have been added on Sparrow Exchange.

I am not sure whether this option trading is real advantage for small investors like me. It's good for big players especially for manipulating for their own good.
You can still earn a good amount on premiums with 1ETH. Earn premiums weekly and when annualized, you can easily make 130-150% profits in a safe manner. Which is obviously much better than just Hodling. Here's what one of your customers posted recently.

"Made a 1 BTC buy call with Strike Price @ $10000, paid only $290~ premium and got over $740~ worth of pay off in BTC!" "Thats over 250% returns in 4 days".
You could do the same with ETH.

Along with the 25 trading pairs which include BTC, ETH, USDT, USDC, PAX. Now, XLM as well as XRP have been added on Sparrow Exchange.
The cryptocurrency market has not prospered much since the historic longest bearished period that hit the cryptomarket thats why adding too many exchange is not good IMHO the market was already saturated and i think it has no need for new exchange. but that was my personal opinion and not bind to others will goodluck.

I agree that exchanges in general are getting saturated but how many of those exchange have Options trading? Options trading is generally a little complicated when compared to traditional methods. We are striving to make a user experience so simple that even the first time trader can understand and make valuable trades instantly and effortlessly. Check it out.  Smiley
member
Activity: 840
Merit: 17
PG-PAY Gold Backed Token
Along with the 25 trading pairs which include BTC, ETH, USDT, USDC, PAX. Now, XLM as well as XRP have been added on Sparrow Exchange.

I am not sure whether this option trading is real advantage for small investors like me. It's good for big players especially for manipulating for their own good.
full member
Activity: 1820
Merit: 107
Along with the 25 trading pairs which include BTC, ETH, USDT, USDC, PAX. Now, XLM as well as XRP have been added on Sparrow Exchange.
The cryptocurrency market has not prospered much since the historic longest bearished period that hit the cryptomarket thats why adding too many exchange is not good IMHO the market was already saturated and i think it has no need for new exchange. but that was my personal opinion and not bind to others will goodluck.
legendary
Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
The good news is for Ripple, I hope this raises the price of their coin, because I recently purchased some XRP and plan to purchase XLM. In general, such news speaks of the development of not only these two coins, but also the development of the entire crypto industry.
Yes, Options trading for Cryptosphere is relatively new and a welcome change. Bonus point for Sparrow is that they have "ConvertNow" feature where you can exchange a lot of your cryptos into another with minimal fees.
jr. member
Activity: 111
Merit: 4
Bitcoin
The good news is for Ripple, I hope this raises the price of their coin, because I recently purchased some XRP and plan to purchase XLM. In general, such news speaks of the development of not only these two coins, but also the development of the entire crypto industry.
legendary
Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
Along with the 25 trading pairs which include BTC, ETH, USDT, USDC, PAX. Now, XLM as well as XRP have been added on Sparrow Exchange.
I haven't tried the sparrow platform recently and I'm quite satisfied with their UI, that's good news. I hope that more altcoins will enter sparrow. Actually I hope that alt BNB will soon be in sparrow because that is my favorite alt besides ETH and XRP
I think they've said, depending on the interest of the user base, they will add more trading pairs. If more people ask for it, it will surely be added. So, maybe join the platform and ask other BNB enthusiasts to join in as well. It might help BNB to be added sooner.
member
Activity: 406
Merit: 10
Along with the 25 trading pairs which include BTC, ETH, USDT, USDC, PAX. Now, XLM as well as XRP have been added on Sparrow Exchange.
I haven't tried the sparrow platform recently and I'm quite satisfied with their UI, that's good news. I hope that more altcoins will enter sparrow. Actually I hope that alt BNB will soon be in sparrow because that is my favorite alt besides ETH and XRP
legendary
Activity: 2338
Merit: 1081
#SWGT CERTIK Audited
Along with the 25 trading pairs which include BTC, ETH, USDT, USDC, PAX. Now, XLM as well as XRP have been added on Sparrow Exchange.
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